PAG
PENSKE AUTOMOTIVE GROUP, INC.
NYSE · Consumer Cyclical · Auto - Dealerships · US
$212.25
+0.12%Oct 16, 2026, 08:15 UTC
PENSKE AUTOMOTIVE GROUP, INC. shares rose 8.8% in the last session on above-average trading volume.
Source:Oct 15, 2026, 20:11 UTC
BFA Law said Penske Automotive Group is being investigated following an announced merger deal valued at $212 per share.
Source:Oct 15, 2026, 12:23 UTC
Julie & Holleman LLP said it is investigating the proposed sale of Penske Automotive Group to a group of its largest and controlling stockholders for $212 per share.
Source:Oct 15, 2026, 11:04 UTC
Penske Automotive Group amended its U.S. Credit Agreement to conditionally increase borrowing capacity from $1.5 billion to up to $2.4 billion and permit up to $1.8 billion of new merger-related indebtedness.
Oct 15, 2026, 11:04 UTC
Penske Automotive Group's supporting stockholders agreed to vote their shares in favor of the merger and against competing proposals and to waive appraisal rights; they collectively hold approximately 72.6% of outstanding shares.
Oct 15, 2026, 10:50 UTC
PENSKE AUTOMOTIVE GROUP, INC. announced a merger agreement to be taken private by Motown Acquisition Corp., which is owned by Penske Corporation and Mitsui & Co.; shareholders are to receive $212 per share in cash.
Oct 15, 2026, 10:45 UTC
PENSKE AUTOMOTIVE GROUP, INC. announced that its board declared a quarterly cash dividend of $1.46 per share.
Source:Sep 21, 2026, 23:59 UTC
Central Florida Toyota presented a $26,750 donation to the American Red Cross on Monday to support earthquake relief efforts in Venezuela.
Source:Aug 10, 2026, 20:05 UTC
The special committee of Penske Automotive Group's board retained Moelis & Company as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison as legal counsel in connection with a take-private proposal on August 10, 2026.
Source:Aug 7, 2026, 14:48 UTC
Kahn Swick & Foti, LLC is investigating the proposed sale of Penske Automotive Group, Inc. to Penske Corporation and Mitsui & Co., Ltd., under which shareholders would receive $210.00 per share in cash.
Jul 30, 2026, 09:01 UTC
First Group agreed to acquire Hennessy auto dealership stores in the Atlanta area to advance its mature cluster layout strategy.
Jul 30, 2026, 06:05 UTC
Penske Automotive Group's board formed a special committee to evaluate an unsolicited proposal from Penske Corporation and Mitsui & Co. to acquire the shares they do not already own for $210 per share in cash.
Source:Jul 29, 2026, 10:58 UTC
Penske Automotive Group reported financial results for the second quarter of 2026, with revenue of $8.5 billion and net income of $260 million.
Jul 23, 2026, 10:58 UTC
Penske Automotive Group's Board of Directors approved a quarterly dividend increase to $1.44 per share.
Source:Jul 22, 2026, 17:56 UTC
Mitsui & Co. announced a proposal to take Penske Automotive Group private jointly with Penske Corporation, aiming to acquire 27.8% of the floating shares for about $3.8 billion.